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Indonesian (IDX) Steel Industry Analysis
UpdatedMar 02, 2026
DataAggregated Company Financials
Companies8
- 7D0.5%
- 3M51.6%
- 1Y165.3%
- YTDn/a
In the last week, the Steel industry is flat overall, with Krakatau Steel (Persero) standing out by going down 6.0%. As for the the longer term, the industry is up 165% over the past 12 months. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Indonesian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 02 Mar 2026 | Rp102.5t | Rp47.8t | Rp6.0t | 10.3x | 17.1x | 2.1x |
| Wed, 28 Jan 2026 | Rp107.1t | Rp47.6t | Rp6.0t | 11x | 17.8x | 2.2x |
| Fri, 26 Dec 2025 | Rp72.3t | Rp47.7t | Rp6.0t | 10.9x | 12x | 1.5x |
| Sun, 23 Nov 2025 | Rp69.3t | Rp47.6t | Rp6.0t | 10.3x | 11.5x | 1.5x |
| Tue, 21 Oct 2025 | Rp62.9t | Rp47.4t | Rp2.5t | 16.7x | 24.8x | 1.3x |
| Thu, 18 Sep 2025 | Rp56.0t | Rp48.6t | Rp3.5t | 11.5x | 16.2x | 1.2x |
| Sat, 16 Aug 2025 | Rp53.9t | Rp47.9t | Rp3.4t | 12.2x | 15.8x | 1.1x |
| Mon, 14 Jul 2025 | Rp51.8t | Rp44.2t | Rp4.1t | 10.7x | 12.7x | 1.2x |
| Wed, 11 Jun 2025 | Rp48.3t | Rp44.3t | Rp4.1t | 10.6x | 11.9x | 1.1x |
| Fri, 09 May 2025 | Rp43.2t | Rp43.0t | Rp2.8t | 10.6x | 15.7x | 1x |
| Sun, 06 Apr 2025 | Rp45.1t | Rp51.4t | Rp4.0t | 6.9x | 11.4x | 0.9x |
| Tue, 04 Mar 2025 | Rp40.4t | Rp56.4t | Rp6.0t | 3.7x | 6.7x | 0.7x |
| Thu, 30 Jan 2025 | Rp50.4t | Rp55.6t | Rp5.9t | 4.9x | 8.5x | 0.9x |
| Sat, 28 Dec 2024 | Rp55.8t | Rp55.7t | Rp5.9t | 5.5x | 9.4x | 1x |
| Mon, 25 Nov 2024 | Rp62.1t | Rp54.7t | Rp5.8t | 6.3x | 10.7x | 1.1x |
| Wed, 23 Oct 2024 | Rp75.3t | Rp56.0t | Rp7.0t | 6.9x | 10.7x | 1.3x |
| Fri, 20 Sep 2024 | Rp71.1t | Rp55.1t | Rp6.8t | 6.9x | 10.4x | 1.3x |
| Sun, 18 Aug 2024 | Rp67.1t | Rp54.7t | Rp6.2t | 6.9x | 10.9x | 1.2x |
| Tue, 16 Jul 2024 | Rp68.8t | Rp57.5t | Rp6.7t | 7.2x | 10.2x | 1.2x |
| Thu, 13 Jun 2024 | Rp64.9t | Rp65.2t | Rp6.9t | 6.9x | 9.4x | 1x |
| Sat, 11 May 2024 | Rp65.9t | Rp68.4t | Rp6.9t | 7.1x | 9.6x | 1x |
| Mon, 08 Apr 2024 | Rp67.0t | Rp67.7t | Rp6.4t | 7.8x | 10.5x | 1x |
| Wed, 06 Mar 2024 | Rp70.7t | Rp67.3t | Rp6.2t | 8.4x | 11.4x | 1.1x |
| Fri, 02 Feb 2024 | Rp70.9t | Rp66.3t | Rp3.9t | 10.8x | 18.4x | 1.1x |
| Sun, 31 Dec 2023 | Rp68.6t | Rp65.0t | Rp3.8t | 11.7x | 18.2x | 1.1x |
| Tue, 28 Nov 2023 | Rp64.5t | Rp70.7t | Rp4.6t | 9.3x | 14.1x | 0.9x |
| Thu, 26 Oct 2023 | Rp62.7t | Rp71.8t | Rp4.5t | 8.9x | 13.8x | 0.9x |
| Sat, 23 Sep 2023 | Rp75.8t | Rp69.8t | Rp4.4t | 10.8x | 17.2x | 1.1x |
| Mon, 21 Aug 2023 | Rp64.1t | Rp69.9t | Rp5.0t | 9.3x | 12.8x | 0.9x |
| Wed, 19 Jul 2023 | Rp54.3t | Rp75.5t | Rp6.0t | 7.9x | 9.1x | 0.7x |
| Fri, 16 Jun 2023 | Rp47.5t | Rp77.6t | Rp7.5t | 6.8x | 6.3x | 0.6x |
| Sun, 14 May 2023 | Rp52.4t | Rp76.8t | Rp7.6t | 6x | 6.9x | 0.7x |
| Tue, 11 Apr 2023 | Rp64.3t | Rp77.3t | Rp7.6t | 8.2x | 8.5x | 0.8x |
| Thu, 09 Mar 2023 | Rp65.9t | Rp79.4t | Rp8.9t | 6.6x | 7.4x | 0.8x |
Price to Earnings Ratio
7.4x
Current Industry PE
- Investors are optimistic on the Indonesian Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.1x which is higher than its 3-year average PE of 12.2x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 12% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Indonesian Steel compare with similar industries?
| ID Market | -0.88% | |
| Materials | -0.33% | |
| Metals and Mining | -0.64% | |
| Steel | 0.52% | |
| Gold | 3.86% | |
| Aluminum | 0.37% | |
| Diversified Metals and Mining | -0.55% | |
| Copper | -3.16% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADMR Alamtri Minerals Indonesia | Rp2.10k | 1.4% +Rp1.2t | 171.0% | PE16.6x | |
| LABA Green Power Group | Rp140.00 | 11.1% +Rp15.4b | -45.7% | PE41.5x | |
| BAJA Saranacentral Bajatama | Rp169.00 | 0.6% +Rp1.8b | 98.8% | PS0.4x |